Midex Exchange: An Innovative Cryptocurrency Exchange Based On The Blockchain Technology
A cryptocurrency exchange is where you will trade cryptocurrency, or tokens, for both fiat currency and other cryptocurrencies. Some exchanges make it possible to purchase popular cryptocurrencies such as Bitcoin directly, while others are focused solely on the exchange of crypto assets only. In order to invest in altcoins, you’ll need to establish a presence on one or more exchange. There are a number of factors to consider when selecting a crypto exchange. Some of them include; 1. Verification Requirements: Most exchanges require Know Your Customer (KYC) regulations from users in order to conform to Anti-Money Laundering . All exchanges that allow fiat currency purchases have stringent ID verification requirements. 2. Fees: Some exchanges charge flat rate fees, while others offer scaling fee structures based on trading volume and whether an order adds or removes liquidity from the orderbook. 3. Security & Reputation: Exchanges have been a high profile target for hackers since the inception of the crypto market. High profile exchange hacks such as the Mt Gox disaster have resulted in the loss of millions. A good exchange will have a spotless security track record.
There is one amazing cryptocurrency exchange creating waves in the cryptocurrency space that has met all the above requirements. That exchange is called Midex Exchange. An international technology company Midex with offices in Hong Kong, Estonia and Russia has launched the Midex Exchange crypto-exchange https://en.midex.com.
Midex exchange aim to create a legally licensed exchange in the heart of financial platform for all types of operations with cryptocurrency. It has licenses in the UK, Estonia, and Japan. The whole idea is to modernized the way cryptocurrency is managed. Nowadays, the cryptocurrency market remains quite isolated and it's going through a stage of its growth. Issues of buying and selling cryptocurrency with a card or bank account or to pay for items and services easily. It's mainly related to the fact that majority has not familiarized with the new technology and its economic model fully yet. Volatility of cryptocurrency assets and risks of the state interference generate uncertainty in the market. With the so many pitfalls and issues on ground it calls for a total re -engineering of the cryptocurrency exchange ecosystem. To create Midex exchange, a powerful international team of lawyers, Swiss bankers, and well-known blockchain enthusiasts are involved, Including Eyal Hertzog, co-founder of Bancor. More than $ 20 million was raised during the ICO with an initial price of $1 per token. Midex developers promise to combine the best from well-known exchanges such as Bittrex, Binance, Bitfinex, and Poloniex in the interface of the exchange. The peculiarity of the Midex exchange is its own blockchain account with the record of all transactions made on the exchange - for absolute transparency of the bidding process. In addition to the unique software of its own developed blockchain with the ability to operate more than 100,000 trades per minute ,it also has the mechanisms for easy arbitrage and the availability of private keys. This product is the first service that allows working with crypto-exchanges from one interface using private API keys. Midex product and services include; 1. Exchange:Cryptocurrency exchange , 2. Escrow: Guarantee service,3. ATM: Network of cryptomats,4. ICO Center: conducting adjustable ICO,5. Invest: investment marketplace,6. Credit: credit marketplace,7. Payment: payment system and settle accounts for business. Midex exchange has certain comparative advantages over other cryptocurrency exchanges which include; totally legal operations with cryptocurrency (Licenses in Estonia, Czech Republic, Singapore), history of all transactions in a public blockchain, up to 1,5 million trades per second, private keys access only for users, arbitrage trading aggregator, Midex Exchange is free internal transfer; 0% commission for the internal transfers of funds between users within the system, at the Midex Exchange operates a REFERRAL PROGRAM to reward 20%. Midex exchange is going to make use of Midex token(MDX) as its main currency in its payment exchange ecosystem. MDX Tokens are digital cryptographic tokens based on the Ethereum protocol technology and conform to the ERC20 standard and serve as a software digital product (not being cryptocurrency), created and issued by the Company as a cryptographically secured representation of the right to exchange MDX Token for interaction and services on the Platform or to reduce the Platform’s commissions for the exchange of cryptocurrency and which give the Purchaser access to certain features on the Platform. MDX Token can also be exchanged by the Company for MDB and MDI Tokens. Mdx token is being charged as a commission on the exchange. If you trade MDX, then some of them will be taken as a commission. If you trade other coin, then you will be charged the commission in this coin and then will be placed an order to buy MDX on the sum of the commission. That will help to make MDX token more stable and expensive. In 2019 MDI token will be released,token holders who invested more than 10000$ during the token Sale will have an opportunity to exchange their MDX on MDI. The following deposit and withdrawal fees below apply for all currencies in the Midex platform;
The Midex platform was estimated by ICObench with rating 4.9 and ICOBazar with rating AA that clearly shows that the exchange characteristics are high enough for performance.
Midex Exchange was in The World Exchange Congress 2018 in Oman among the best and well known World Exchanges.
Midex exchange project is one of the best cryptocurrency projects occupying the cryptocurrency space which a would be investor can invest his money. It is safer to use and well secured. It is one of the working crypto exchanges that is legally licensed to operate in this 21st century. I highly recommend Midex exchange to Nigerian investors in particular and global investors generally. Don't forget to go the main project official website to learn more about the project.
For further information visit;
Official exchange website: https://en.midex.com
Telegram: https://t.me/midexinfo_en
Twitter: https://twitter.com/MidexInfo
Facebook: https://www.facebook.com/midexinfo
Vkontakte: https://vk.com/midexinfo
Written by Ebenezer Oyeodini Ipah
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=994327